Scanion plans represent a group-level incentwe plan that providas payouts based on whether the implementation of proposals for labor costs savings are successful Among the important determining factors is the calculation of Scanion rotios (labor costs f sales value of production). Scanion rabos are compared to a standard. Payouts are made whenever the Scanlon ratio is less than the standard. The Scanlon ratio for 2014 is 0.70 , and it is the standard for companison. Assume that in 2015, total labor costs amounted lo $44,000,000 and salas value of producticn (SVOP) amounted to $25,000,000. Also, assume that total labor costs with increase by 2.0 percent annually and $ voP will increase by 4,0 percent annually starting in 2016 . a) The scanion ratio for 2015 will bo Round your responso to the nearest hundredths place. b) The Scanion ratio for 2016 will be Round your response to the nowrest hunchedths place c) The Scanien ratio for 2017 will be Round your responso to the nearest hundredthe place. d) The Scarion rasio for 2018 will be Flound your response to the noarest hundrodths place. b) The total dollars avalable tor bonus payout in 2015 wit bet b) The topal dolan available foc bonus payout in 2016 wat be 4 c) The total doliars avalable foe borus payout in 2017 wel bet d) The fotat dolian avaiablo for bonus payout in 2015 with be 4 Round your response fo the neareat hundreuthe place Scanion plans represent a group-level incentwe plan that providas payouts based on whether the implementation of proposals for labor costs savings are successful Among the important determining factors is the calculation of Scanion rotios (labor costs f sales value of production). Scanion rabos are compared to a standard. Payouts are made whenever the Scanlon ratio is less than the standard. The Scanlon ratio for 2014 is 0.70 , and it is the standard for companison. Assume that in 2015, total labor costs amounted lo $44,000,000 and salas value of producticn (SVOP) amounted to $25,000,000. Also, assume that total labor costs with increase by 2.0 percent annually and $ voP will increase by 4,0 percent annually starting in 2016 . a) The scanion ratio for 2015 will bo Round your responso to the nearest hundredths place. b) The Scanion ratio for 2016 will be Round your response to the nowrest hunchedths place c) The Scanien ratio for 2017 will be Round your responso to the nearest hundredthe place. d) The Scarion rasio for 2018 will be Flound your response to the noarest hundrodths place. b) The total dollars avalable tor bonus payout in 2015 wit bet b) The topal dolan available foc bonus payout in 2016 wat be 4 c) The total doliars avalable foe borus payout in 2017 wel bet d) The fotat dolian avaiablo for bonus payout in 2015 with be 4 Round your response fo the neareat hundreuthe place
